Carelessness or indifference to a loss is an example of
A) physical hazard.
B) objective probability.
C) moral hazard.
D) attitudinal hazard.
Answer: D
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Ryan, an employee at GoBiz Inc., is known for his short-tempered and argumentative nature. During a heated exchange at work one day, Ryan makes a derogatory gesture toward his manager, which causes Ryan to be fired. This scenario is an example of
A. involuntary turnover. B. open-door policy. C. voluntary turnover. D. revolving door policy. E. progressive discipline.
Hotel chains such as Hyatt and Marriott sell a variation of the licensing agreement called ________ to the owners of foreign hotels to manage these businesses for a fee
A) greenfield venturing B) management contracts C) strategic alliance D) indirect exporting E) direct exporting
Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts: December 4Freight charge for merchandise purchased$62December 7Delivery charge for shipping to customer$46December 12Purchase of office supplies$30December 18Donation to charitable organization$51If, in addition to these receipts, the petty cash fund contains $201 of cash, the journal entry to reimburse the fund on December 31 will include:
A. A credit to Cash Over and Short of $10. B. A debit to Petty Cash of $189. C. A debit to Transportation-In of $62. D. A credit to Office Supplies of $30. E. A credit to Cash of $199.
______ is a barrier to organizational change and compromises the ability to hear different points of view on important organizational matters.
A. Input B. Downward communication C. Voice D. Withholding information